THE IMPACT OF ETHICAL ACCOUNTING PRACTICES (EMPOWERMENT-E’S) ANDCULTURAL ASPECTS ON ORGANIZATIONAL PERFORMANCE

Abstract

Accounting ethics has become a big issue in the recent era of Industry 4.0. Now, it is far easy to manipulate data and create scams. The relevancy of accounting ethics and organizational culture are important factors to give the right path to management for achieving the motto of shareholders' wealth. Any organization's success is based on the level of commitment, values, ethics, and culture inside it. To further understand the impact of culture and empowerment E's on organizational performance, data was gathered through a structured questionnaire. Respondents' responses to standardized questionnaires were used to gather primary data. However, only 252 out of the 300 were complete and have been used for further research. A five-point Likert scale was used to analyze the findings. To assess how organizational culture affects performance, this study focuses on ethical accounting practices (six key Empowerment- E's). The hypotheses have been put to the test using the Kruskal-Wallis test. It can be concluded that there is a significant impact of empowerment aspects and cultural aspects on financial performance as well as market performance.